Specialty materials maker Luxfer Q3 profit beats estimates on robust demand in defense sector
I'm PortAI, I can summarize articles.
Luxfer reported Q3 adjusted net sales rose 1.6%, surpassing analyst expectations, with adjusted EPS increasing 11.1% to $0.30. The company raised its full-year 2025 guidance for adjusted EPS to $1.04-$1.08 and adjusted EBITDA to $50-$51 million, driven by strong demand in the defense and aerospace sectors. The completion of the Graphic Arts sale allows Luxfer to focus on core markets, while a new Powders Center of Excellence is expected to enhance growth and save $2 million annually. Wall Street's median 12-month price target for Luxfer is $17.00, reflecting a 21.2% upside from its recent closing price.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments